What's the motivation behind Trump's 'reciprocal' tariffs?
- President Trump announced massive tariffs on Wednesday, pitching them as a 'reciprocal' measure against trading partners.
- Trump's trade policy stems from the motto 'They charge us, we charge them,' aiming to address trade deficits.
- The tariffs targeted countries with large trade surpluses relative to U.S. Exports, using a simplified calculation.
- The administration's calculation divided the trade deficit by exports times 1/2; for example, Vietnam faces a 46% tariff.
- Critics argue this approach is not truly reciprocal and could incentivize retaliation, potentially harming the U.S. Economy.
107 Articles
107 Articles
Trump's reciprocity: A concept rooted in a tradition hostile to free trade
The US president justifies his protectionist policy by advocating for reciprocal tariffs. Initially an instrument to protect the American market before 1934, reciprocity later became a tool to open markets and returned to a protectionist stance in 1980.

Trump's partial tariff pullback doesn't affect duties on Canadian imports
WASHINGTON — The United States is still imposing tariffs on Canada after President Donald Trump on Wednesday partially pulled back some of the most devastating duties against countries around the world.
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